§36-957. Filing of scoring models or other scoring processes.
86 words·~1 min read·
/ok/title-36-insurance/36-957·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. Insurers that use insurance scores to underwrite and rate risks must file their scoring models or other scoring processes with the Insurance Department. A third party may file scoring models on behalf of insurers. A filing that includes insurance scoring may include loss experience justifying the use of credit information.
B. Any filing relating to credit information is considered trade secret under Section 85 et seq. of Title 78 of the Oklahoma Statutes. Added by Laws 2003, c. 127, § 8, eff. Nov. 1, 2003.